Indicated resources are 8.6 million tonnes grading 1.52 g/t gold for a total of 422,000 oz.

Drill highlights include 101 metres of 2.31 g/t gold and 36 metres of 2.23 g/t gold from the tonalite as well as 4 metres of 8.92 g/t gold.

The offer was to acquire Centerra's 50% stake in the Greenstone Gold Mines Partnership.

Some of the work will go ahead depending on the development of the covid-19 pandemic.

The study forecasts average annual production of 146,000 oz. of gold over an eight-year mine life.

Five holes intersected this zone, returning intercepts that include 7.5 metres of 1.7 g/t palladium and platinum.

A 2018 preliminary economic study showed the project could support 29 years of open pit production at 40,000 tonnes per day.